Taiwanese, Chinese ministers set ECFA agenda on APEC sidelines Singapore, Nov. 15 (CNA) Taiwan's Minister of Economic Affairs
Shih Yen-hsiang met his Chinese counterpart behind closed doors in
Singapore Sunday to work out an agenda for bilateral talks on a
proposed bilateral economic cooperation framework agreement (ECFA).
The meeting between Shih and China's Minister of Commerce Chen
Deming took place a day after Chinese President Hu Jintao promised
Lien Chan, Taiwan's representative to the annual summit of the
Asia-Pacific Economic Cooperation (APEC) forum, that talks on ECFA, a
cross-Taiwan Strait version of a free trade agreement, could start
within this year.
Shih was accompanied by Huang Chih-peng, director of the Bureau
of Foreign Trade under the Ministry of Economic Affairs, and Lu
Wen-hsiang, an adviser and section chief at Taiwan's representative
office in Singapore, during his meeting with Chen.
Sources close to the Taiwanese delegation said Shih and his
Chinese counterpart exchanged views on the ECFA-related consultative
framework, timetable and topics to be addressed.
With the two sides scheduled to hold a fourth round of high-level
talks in December in central Taiwan's Taichung City, the sources said
the ECFA issues are expected to be touched upon during that meeting
in accordance with Hu's promise to Lien in their bilateral talks on
APEC sidelines Saturday.
Four agreements are scheduled to be signed during the Taichung
round of talks between the two sides' top cross-strait negotiators --
Taiwan's Straits Exchange Foundation Chairman Chiang Pin-kung and
Chen Yunlin, president of China's Association for Relations Across
the Taiwan Straits.
Shih said on the APEC sidelines that the four agreements to be
sealed at the upcoming Chiang-Chen meeting concern fishing crew
cooperation, farm produce quarantine inspection, avoidance of double
taxation and industrial product standards, inspection and
certification.
"All of these agreements are very important in the process of
normalizing cross-strait trade and economic relations," Shih said.
According to a previous cross-strait consensus, the two sides
will start formal negotiations on ECFA issues in January next year,
with relevant issues being tentatively discussed first at the
forthcoming Chiang-Chen talks.
If all goes well, the ECFA deal is expected to signed at the
fifth round of Chiang-Chen talks scheduled for the first half of
2010.
Taiwan attaches great importance to the cross-strait ECFA deal,
as it hopes the pact can serve as a stepping-stone for the signing of
free trade agreements with other countries to facilitate freer flow
of goods and capital and to protect it from being marginalized in
today's era of increasing regional and global economic integration.
Taiwan and China have already held four rounds of informal talks
on ECFA, all of which focused on principles related to an "early
harvest list" under the agreement.
The "early harvest list" refers to items to be subject to tariff
concessions or full market opening as soon as the ECFA pact is
signed.
(By Tang Pei-chun and Sofia Wu)
ENDITEM/J